British Columbia Investment Management Corporation (BCI) offers an exceptional opportunity to work at a world-class organization while living in a west coast setting. With $313.7 billion of gross assets under management, as of March 31, 2026, British Columbia Investment Management Corporation (BCI) is the provider of investment management services for British Columbia’s public sector and one of the largest asset managers in Canada. BCI seeks investment opportunities around the world and across a range of asset classes that convert savings into productive capital. Our investment returns play a significant role in helping our institutional clients build a financially secure future for their beneficiaries.POSTING CLOSE DATE: November 10, 2026BCI’s Infrastructure & Renewable Resources team is looking for a Senior Principal to source, execute, and manage private infrastructure debt investments, working with deal teams in Victoria, London, and Mumbai and bringing a long-term value investing mindset.This role will be based in our office in downtown Victoria, BC.THE OPPORTUNITYReporting to the Managing Director, Infrastructure & Renewable Resources, the Senior Principal plays a key role in evaluating and managing private debt investments and external fund relationships. The Senior Principal’s activities include screening, leading diligence and supporting the execution of new investments, ongoing monitoring of existing investments, participating in various group and corporate projects, and staying abreast of trends in high yield bond and syndicated loan markets.WHO YOU WILL WORK WITHOn behalf of BCI's clients, the Infrastructure & Renewable Resources (I&RR) team invests globally in infrastructure assets and businesses that generate stable, long-term investment returns. BCI's I&RR portfolio holds $36.5 billion in AUM, ranking as the world's 10th largest institutional infrastructure investor. The portfolio spans a range of sectors including energy, transport, utilities, and digital infrastructure, as well as tangible assets such as timberland and agriculture.I&RR seeks meaningful investments predominantly in private companies that allow the team to pursue an active governance approach.
The team invests across a range of capacities in private markets, including as sole sponsor, co-sponsor, and, very selectively, through externally managed funds. In addition, I&RR takes positions in listed infrastructure businesses as well as debt investments as a complementary strategy to its private markets activity.Since 2023, I&RR has expanded its global footprint beyond its Victoria headquarters, establishing offices in London, U. K. and Mumbai, India to strengthen origination and asset management capabilities across international markets.WHAT YOU BRINGMust have:A relevant undergraduate/graduate university degreeA minimum of 7-10 years’ experience in private debt, investment banking, M&A, private equity, management consulting, deal/financial advisory or rating agenciesExperience covering Infrastructure investmentsDecisiveness and the ability to form and defend independent credit opinionsStrong financial modeling, research and analytical skillsSound judgment and the ability to work independently and within teamsProject and people management experiencePlayed a lead role in the execution of private credit transactionsAbility to manage multiple priorities, work independently, lead projectsPreferred:Experience with leveraged loans, middle market debt and/or high yield bondsExperience or knowledge of loan closing, settlement and documentation processEagerness to coordinate with industry participants and investment partners to shape the infrastructure debt strategyMBA degree and/or CFA designation or actively working towards itProficiency with AI tools to improve research and analysis, and the ability to guide teams in their responsible useWHAT YOU WILL DOInvestment Origination,
Analysis and ExecutionConducts and documents fundamental and relative value research in private debt markets to generate new investment ideas and opportunitiesOriginate attractive investment opportunities by leveraging existing and new external relationshipsSynthesizes findings, key analysis and supporting documents in an organized and documented mannerLeads analysis and evaluations across the life cycle of private credit transactions and leads the formation of the Investment Committee discussion materialsWrites effective screening, deal alert and investment memorandums. Synthesizes deal team’s due diligence and analysis to deliver persuasive oral and written investment recommendations and rationale to the Investment CommitteeInteracts effectively with third party advisors as well as with BCI internal groups (e.G., Legal, Tax, Risk); manages execution of transaction related structuring and legal documentationWorks as an integrated part of deal teams, supporting the diligence of commercial, financial, tax, legal and ESG aspects of prospective investmentsManages and mentors junior level staffManages information and communication flow amongst all deal related stakeholdersPortfolio Monitoring and OversightMonitors assigned investments, identifying relevant opportunities and risks including: tracking/evaluating performance metrics, ongoing review against original investment thesis, ongoing strategic fit, significant changes impacting the company, valuation issues and industry developmentsReviews and approves capital calls and distributions for existing and new investments; liaises with Portfolio Management team for monitoring debt investmentsSupports the development of tracking tools and processes to ensure sustained long-term portfolio returnsSystematically develops objective and rigorous views on the long-term health and risk of investments within the portfolioWHERE YOU WILL WORKThis role will be based in our office in Victoria, BCSALARY RANGEThe annualized salary range for this role will be CAD $164,000 - $190,000.Our recruitment process requires that the successful candidate agrees to undergo a criminal record search, education and designation verification; to provide a declaration of no previous or current criminal status; and to comply with our corporate Code of Ethics & Qualified Conduct.#J-18808-Ljbffr
📌 Senior Principal (Infrastructure Debt) (Victoria)
🏢 BCI
📍 Victoria